The more money you have, the easier it is to own it all – so print your own! Just click on the image of the money you want to find a whole page-full.
Among the myriad of Mises.org articles discussing this issue, I find the following example the pithiest in illustrating the root problem in printing fiat money (as the Federal Reserve, among others, does):
In a market economy, money enables the goods of one specialist to be exchanged for the goods of another specialist. For instance John the baker has produced ten loaves of bread, which he has exchanged for ten dollars. He then uses the ten dollars to buy twenty tomatoes from a farmer Bob. Note that in order to acquire twenty tomatoes John had to produce ten loaves of bread first. In short, his consumption of tomatoes is fully backed up by the production of bread. Also, note that the money here is honestly earned and hence fully backed up by John’s production of bread. Or we may also say that here we have a case where something useful is exchanged for money and money in turn is exchanged for some other useful thingâ€”something is exchanged for something else by means of money.
Let us now consider a case of a counterfeiterâ€”call him Charlieâ€”who instead of producing something useful has created ten dollars by means of printing these ten dollars. He then uses these dollars to buy twenty tomatoes from Bob the farmer. His counterfeiting amounts to an “exchange” of nothing (since Charlie hasn’t produced anything economically useful) for ten dollars, which is in turn exchanged for twenty tomatoes.
Consequently, by means of money, which was created out of “thin air,” Charlie the counterfeiter can consume without any production. Note that the money here, which was created out of “thin air,” is not supported by any production of useful goods or services. Or we can also say that here we have a case where nothing useful is exchanged for money and money is exchanged for useful thingsâ€”nothing is exchanged for something useful by means of money out of “thin air.”
By creating money out of “thin air,” Charlie the counterfeiter has in fact boosted or inflated the stock of money. This inflation of money in turn has enabled Charlie to secure tomatoes at the expense of a genuine wealth producer John the baker. In other words, while John the baker has contributed to the pool of funding, i.e., the pool of final goods this is not the case as far as Charlie the counterfeiter is concernedâ€”he is consuming final goods without putting anything useful to the pool of these goods.